Roadzen (RDZN) Debt to Equity (2023 - 2025)
Roadzen recorded quarterly Debt to Equity of -$0.44 in Q4 2025, down 16.34% quarter-over-quarter from -$0.38 in Q3 2025, and up 34.13% year-over-year from -$0.33 in Q4 2024.
Roadzen's Debt to Equity history runs 3 years deep, the most recent figure standing at -$0.44 for Q4 2025.
- In Q4 2025, Debt to Equity rose 34.13% year-over-year to -$0.44; the TTM figure through Dec 2025 stood at -$0.44 (up 34.13% YoY), while the FY2025 annual figure was -$0.12, up 93.07% from the prior year.
- Debt to Equity came in at -$0.44 for Q4 2025 at Roadzen, down from -$0.38 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $2.16 in Q3 2023 to a low of -$16.3 in Q4 2023.
- A 3-year average of -$1.68 and a median of -$0.38 in 2025 frame the typical range for Debt to Equity.
- On a YoY basis, Debt to Equity climbed as much as 95.9% in 2024 and fell as far as 976.9% in 2024.
- Roadzen's Debt to Equity stood at -$16.3 in 2023, then jumped by 95.9% to -$0.67 in 2024, then soared by 34.13% to -$0.44 in 2025.
- According to Business Quant data, Debt to Equity over the past three periods registered -$0.44, -$0.38, and -$0.11 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.13 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.24 |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.44 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.07 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.63 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.30 |
| 10 | Roadzen | 149.69 Mn | 146.81 Mn | 6.98 Mn | -0.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.44 |
| Sep 30, 2025 | -0.38 |
| Jun 30, 2025 | -0.11 |
| Mar 31, 2025 | -0.12 |
| Dec 31, 2024 | -0.67 |
| Sep 30, 2024 | -0.13 |
| Jun 30, 2024 | -0.59 |
| Mar 31, 2024 | -1.71 |
| Dec 31, 2023 | -16.30 |
| Sep 30, 2023 | 2.16 |
| Mar 31, 2023 | -0.16 |